EBay cutting about 500 employees after sales plunge1 min read . Updated: 08 Feb 2023, 07:11 AM IST
The reductions are in response to the ‘macroeconomic situation around the world,’ Chief Executive Officer Jamie Iannone said Tuesday in a statement.
EBay Inc. is cutting about 500 employees — or 4% of its workforce — as the e-commerce company continues to face slower consumer spending after a brief pandemic boom.
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